gregferns

gregferns

Fibonacci levels plotted. Chart drawn since yesterday but posted only today... So far reaction is good. Let's see how it continues

gregferns

Bearish Crab and Fibo levels plotted.

gregferns

CRUDE OIL Gartley Pattern formation Also wedge formation

gregferns

FIBO levels.

gregferns

Upmove possible

gregferns

Downward channel broken upwards. RSI also out from a downwards wedge. But if it manages to breakout from the pocket of resistance (shaded area) then will move on upwards towards the next SR marked in green Also a bearish shark pattern formed near to this shaded area.

gregferns

Cup and handle formation with breakout. The trend line it has formed on has had good support / resistance also earlier...

gregferns Updated 

Break out above the seemingly formed Flag and Pole may give good upside

gregferns Updated 

Upwards channel broken down and retested. Shaded areas mark support / resistance Fibo level also coincides with the 1st support area. Will wait and see if it breaches the 1st level

gregferns Updated 

downwards wedge... possibility of upmove if break out happens. Currently took support at strong level. (A 2016-17 support resistance level) RSI also showing divergence.

gregferns

Triangle formation.... Waiting for breakout...

gregferns

Evening star formation on Daily Time frame. Looks to be going down now. But on lower time frame already was moving in a downward channel.. Need to see if it will break upside or continue downwards. Fibo levels also plotted...

gregferns Updated 

Trying to breakout from a downward wedge.

gregferns Updated 

Patterns drawn... Learning... Although pattern shows down move shortly, downward wedge shows possibility of upmove on breakout which has happened. Let's see

gregferns

TATA GLOBAL Stock seems to have broken down from a rising wedge. But last daily candle shows buyers are strong at the support level indicated in horizontal blue line. This is a support which was earlier resistance also and has been tested multiple times. Also 50 EMA is also currently at the same support line. Mostly stock will bounce upwards, so upwards move...

gregferns

If crosses the yellow lines then next stop is the resistance box marked.

gregferns Updated 

Trying to break out from triangle formation... ALso movement is confined to a box Need to wait for breakout.

gregferns

Wedge formation